Council for International Trade - Trade Update California Chamber of Commerce Council for International Trade - Trade Update Newsletter


Tuesday, November 1, 2022

Featured Headlines

US Goods-Trade Deficit Widens
for the First Time Since March

Bloomberg, October 26, 2022


EU Trade Ministers Meet
on U.S. Trade Relations, Ukraine

Reuters, October 31, 2022

America’s Tai Faces Uphill Battle
o Defuse EU Trade War Fears

Politico, October 31, 2022

EU Asks U.S. for Same Treatment as Canada
and Mexico in Electric Vehicles Sales

Reuters, October 31, 2022

Sweden’s New Trade Chief Sees ‘Worrying’
Aspects in US Electric Car Tax Credit

Politico, October 30, 2022

CalChamber Companies in the News

Shein’s US Expansion Adds Pressure for Its Fast-Fashion Competitors
Bloomberg, November 1, 2022

Volkswagen Brand Will Be Electric-Only Carmaker in Europe from 2033
Reuters, October 26, 2022

CalChamber Board Member Jessica Word Honored by Orange County Business Journal With Women In Business Award, October 25, 2022

Navigating Abroad: Margaret Wong, President & Founder, McWong, Inc. (& CalChamber Board Member)
October 2022

Trade Policy

From the White House

FACT SHEET: U.S.-UAE Partnership to Accelerate Transition to Clean Energy (PACE)
November 1, 2022

Readout of President Joe Biden’s Call with President-Elect Luiz Inácio Lula da Silva of Brazil
October 31, 2022

Statement by President Joseph R. Biden, Jr. on the Conclusion of the Israel-Lebanon Maritime Boundary Dispute
October 27, 2022

FACT SHEET: Biden-⁠Harris Administration Expands Public-Private Cybersecurity Partnership to Chemical Sector
October 26, 2022

Statement by NSC Spokesperson Adrienne Watson on launch of the US-EU Task Force on the Inflation Reduction Act
October 25, 2022

Readout of President Joe Biden’s Call with Prime Minister Rishi Sunak of the United Kingdom
October 25, 2022

Readout of President Joe Biden’s Call with Prime Minister Giorgia Meloni of Italy
October 25, 2022

From the U.S. Department of Commerce

Joint Statement: U.S. Department of Commerce and Singapore Ministry of Trade and Industry Celebrate Inaugural U.S.-Singapore Partnership for Growth and Innovation Annual Dialogue
October 27, 2022

Readout of Secretary Raimondo’s Meeting with Indonesian Ministers for Economic Affairs and Industry
October 25, 2022

From the U.S. Trade Representative

Readout of Ambassador Katherine Tai’s Meeting with European Commission Executive Vice President Valdis Dombrovskis
October 30, 2022

Biden Trade Chief Says Next Phase of China Relationship Unclear
Bloomberg, October 28, 2022

Statement from Ambassador Katherine Tai on the 2023 APEC Trade Ministers Site Announcement
October 27, 2022

Joint Statement on the First Meeting between Deputy United States Trade Representative Jayme White and Deputy Minister of Colombia Luis Felipe Quintero
October 27, 2022

US Trade Chief Says Indo-Pacific Deal Improves Upon Predecessor
American Journal of Transportation, October 27, 2022

Readout of Ambassador Tai’s Meeting with Indonesia’s Coordinating Minister for Economic Affairs Airlangga and Minister for Industry Agus
October 25, 2022

From the U.S. Department of State

Joint Statement: On the Japan-Mongolia-United States Trilateral Meeting
October 30, 2022

Suspension of the Black Sea Grain Initiative
October 29, 2022

U.S.-Taiwan Working Group Meeting on International Organizations
October 28, 2022

U.S.-Canada Relations – Friends, Partners, Allies
October 27, 2022

Secretary Antony J. Blinken and Canadian Prime Minister Justin Trudeau Before their Meeting
October 27, 2022

United States and Japan Announce WECAN — Winning an Edge Through Cooperation in Advanced Nuclear — Partnership to Help Countries Meet Their Energy Security and Climate Goals
October 27, 2022

APEC Senior Officials’ and Ministerial Meeting Sites During U.S. Host Year in 2023
October 27, 2022

United States-Bangladesh Labor Working Group Convenes to Further Shared Economic Prosperity
October 27, 2022

Joint Statement on the Third Strategic Dialogue between Slovakia and the United States The following is the text of a joint statement by the Governments of the United States of America and Slovakia.
October 27, 2022

Joint Statement on the 5th U.S.-Singapore Strategic Partnership Dialogue
October 25, 2022

From the International Trade Administration

Under Secretary Lago Leads First-Ever Women-Focused Trade Mission to the Netherlands, Portugal, and France
October 31, 2022

U.S. Department of Commerce Establishes Office in Bangladesh to Support Increased Trade
October 27, 2022

Commerce Concludes Advanced Manufacturing Business Development Mission to Indonesia, Singapore, and Japan
October 25, 2022

Summary of Under Secretary Lago’s Trip to Uzbekistan and Kazakhstan
October 25, 2022

From the Export-Import Bank of the U.S.

Joint Statement from the Heads of G7 Export Credit Agencies
October 31, 2022

From the World Trade Organization

WTO Secretariat launches Trade Remedies Data Portal
November 1, 2022

E-Commerce Talks Progress, Aim at Issuing a Revised Negotiating Text By End-2022
October 28, 2022

DDG Ellard Calls for More Strategic Multilateralism to Address Problems of Global Commons
October 27, 2022

WTO Issues New Edition of Trade Profiles
October 26, 2022

To Take on China Outside the WTO, Biden Needs … the WTO
Politico, October 26, 2022

WTO, Caribbean Development Bank Strengthen Efforts to Help Small Businesses Trade Globally
October 25, 2022

Trade Agreements

US and UAE Sign Multibillion-Dollar Pact to Create Clean Energy
Bloomberg, November 1, 2022

Israel, Bahrain Hope to Seal Free Trade Deal By End of Year
Reuters, October 31, 2022

US, Mexican Trade Chiefs to Meet as Energy Dispute Simmers
American Journal of Transportation, October 31, 2022

India Likely to Start Next Month Free Trade Pact Negotiations with Gulf Cooperation Council, Say Sources
The Economic Times, October 30, 2022

Britain Prioritising India Trade Deal But Can’t Give Timeline, Minister Says
Reuters, October 29, 2022

US Firms to Jet Into Kenya in Hunt for GMO Trade Deals
The Standard, October 29, 2022

Indo-US Trade Policy Forum’s November 8 Meet Postponed Over Polls
The Economic Times, October 28, 2022

Canada to Join US-Led Indo-Pacific Economic Framework, Vows to Play ‘Bigger Role’ in Region
South China Morning Post, October 28, 2022

Latin American Fresh Produce Exports to US Rising
American Journal of Transportation, October 28, 2022

On the Uruguay-China FTA: Q&A with Nicolás Albertoni
The Dialogue, October 28, 2022

China Renews Commitment to ‘Deepening Reform’ in Bid to Join CPTPP Asia-Pacific Trade Pact
South China Morning Post, October 27, 2022


U.S.-Canada Border Frequent Traveler Program Sparks Diplomatic Rift
The Wall Street Journal, November 1, 2022

The U.S. Still Doesn’t Have An Ambassador in This Important Capital
The Washington Post, October 31, 2022

Blind Spots in Washington’s Indo-Pacific Strategy
East Asia Forum, October 30, 2022

We Can’t Stand Still: Why Manufacturers Need a Bold Trade Agenda
U.S. Chamber, October 28, 2022

U.S. Selects Detroit, Seattle, Honolulu for Key 2023 APEC Meetings
Politico, October 27, 2022

U.S. Defense Strategy Casts China as Greatest Danger to American Security
The Wall Street Journal, October 27, 2022

US Sees China Tech-Export Limits Deal With Allies in Near Term
Bloomberg, October 27, 2022

US Coast Guard Cites Cyber Security Exposures At U.S. Ports
American Journal of Transportation, October 26, 2022

Call Them the Biden-Trump Tariffs Now
The Wall Street Journal, October 26, 2022

Fear of Catching Covid Has Cost US Economy $250 Billion This Year
Bloomberg, October 25, 2022

Fight Over Worker Assistance Could Sink Lame Duck Trade Bill
Politico, October 24, 2022


Fresno County Ag Value Surpasses $8 Billion For First Time. Which Crops Topped The List?
The Fresno Bee, October 30, 2022

New York Extends Its Lead Over California as Home to Nation’s New No. 1 Port
CNBC, October 27, 2022

Port of Long Beach Gets $30 Million from Feds for Infrastructure Project
Press Telegram, October 28, 2022

California Key Ports Get $94 Million Grants for Port Enhancements
Port Technology, October 27, 2022

US Dockworker Union Deal Will Take Months Says Seroka
gCaptain, October 25, 2022

More International Articles


The US is Reportedly Prodding European
Allies to Impose Trade Sanctions on China

Business Insider, October 31, 2022

China Says It’s Historically ‘Closer Than Ever’
to Taiwan Unity

Bloomberg, October 26, 2022

China’s Xi Jinping Set to Give
‘Wolf Warrior’ Diplomacy More Bite

The Wall Street Journal, October 26, 2022

Xi’s Vow of World Dominance
by 2049 Sends Chill Through Markets

Bloomberg, October 26, 2022

How China Abuses U.S. Diplomats
The Wall Street Journal, October 25, 2022

China Signals Easing of Covid-19
Restrictions for Foreign Businesses

The Wall Street Journal, October 25, 2022

Lula Win Sends Markets on Rollercoaster Ride
The Brazilian Report, October 31, 2022

The World’s Food Security Is at Stake as Russia Exits Grain Deal
Bloomberg, October 30, 2022

U.N., Turkey, Ukraine Press Ahead with Black Sea Grain Deal Despite Russian Pullout
Reuters, October 30, 2022

Putin Stirs European Worry on Home Appliance Imports Stripped for Arms
Bloomberg, October 29, 2022

India Extends Curbs on Sugar Shipments, to Soon Fix This Year’s Export Quota
Reuters, October 29, 2022

Brazil to Buy U.S., Canada and Russia Wheat as Argentine Supplies Dwindle
Reuters, October 28, 2022

German Economy Shows Surprise Strength Ahead of Expected Recession
The Wall Street Journal, October 28, 2022

Asia and the World Face Growing Risks From Economic Fragmentation
International Monetary Fund, October 27, 2022

Saudi Arabia Tells West to Fix Its Energy Problems With More Investment
The Wall Street Journal, October 26, 2022

Bank of Canada Surprises with 50 Bps Hike, Says Slight Recession Possible
Reuters, October 26, 2022


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Upcoming Events:

43rd World Congress of Vine and Wine
10/31/2022 - 11/04/2022

Women in Tech Trade Mission to Europe
10/30/2022 - 11/05/2022

ICT and Clean Technology Trade Mission to Serbia and Montenegro
10/31/2022 - 11/04/2022
US Chamber of CommerceU.S. Chamber of Commerce and NADEC Webinar: Advance with Africa

Aerospace and Defense Trade Mission to the Middle East
11/06/2022 - 11/11/2022

2022 ASEAN Dried Fruit & Nut Inbound Mission to NM/CA
11/07/022 - 11/11/2022

EXPORTING 101: Pathways to Developing International Markets

Global Supply Chain Disruptions: Challenges and Solutions
Asia Summit on Global Health
11/10/2022 - 11/11/2022

U.S. Pavilion at Formnext 2022
11/15/2022 - 11/18/2022

Beijing International Life and Health Industry Expo and World Life Science Project Fair

2022 Canada Craft Beverage Inbound Trade Mission
11/28/2022 - 12/02/2022

USDA Accepting Applications for Spain and Portugal Trade Mission
11/29/2022 - 12/02/2022

2022 WUSATA Mexico Outbound Mission to Mexico City & Monterrey With Buyers from Central America
12/04/2022 - 12/09/2022

InvestChile ForumVI International InvestChile Forum 2022
12/05/2022 – 12/07/2022

U.S. EXIM Bank 2022 Annual Conference

WIT LAWomen in International Trade, LA’s 9th Annual Global Trade Awards Gala

Arab Health
01/20/2023 - 02/02/2023
China Clean Beauty Trade Mission
02/21/2023 - 02/22/2023

EXPORTING 101: Pathways to Developing International Markets

Avalon 2023 California Pavilion
02/28/2023 - 03/05/2023

Trade Winds Southeast Asia!
03/15/2023 - 03/17/2023

Pan African Global Conference
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04/26/2023 - 04/30/2023


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